U.S. Internal Revenue Code 6045B Tax Reporting


Ticker: PEGI | PEG

Pattern Energy Group Inc. ("Pattern Energy") initiated a quarterly cash distribution to public shareholders of Pattern Energy common stock beginning on January 30, 2014.

Issuers of corporate stock must report corporate actions that affect stock basis, including but not limited to mergers, stock splits, stock dividends, recapitalizations and common stock distributions paid in excess of "earnings and profits", as defined by the US Internal Revenue Code.

The tax treatment of Pattern Energy distributions characterized as "dividends" or "returns of capital" are generally reported to U.S. shareholders on Form 1099 mailed to U.S. shareholders by January 31st in the year following any distributions. Additionally, distributions characterized as "return of capital" require Pattern Energy to post on its website Form 8937 reflecting the impact on a shareholder's tax basis for each distribution made.

This information is intended to meet the requirements of public disclosure pursuant to Treasury Regulation §1.6045B-1 (a) (3) and (b) (4) for Pattern Energy. Pursuant to the applicable Treasury Regulations, if Pattern Energy assumptions turn out to be incorrect, Pattern Energy will file a corrected Form 8937 within 45 days of such determination.


2014 Distributions

For U.S. tax purposes only, Pattern Energy’s 2015 distributions to its shareholders on January 30, 2014, April 30, 2014, July 30, 2014 and October 30, 2014 are classified under the U.S. Internal Revenue Code as follows:

  • 100% is a nontaxable return of capital and reduction of a U.S. shareholder's tax basis, to the extent of a U.S. shareholder's tax basis in each of its Pattern Energy common shares, with any remaining amount being taxed as capital gain.

Pursuant to applicable Treasury Regulations, a completed Form 8937 is available for download below.


2015 Distributions

For U.S. tax purposes only, Pattern Energy’s 2015 distributions to its shareholders on January 30, 2015, April 30, 2015, July 30, 2015, and October 30, 2015 are classified under the U.S. Internal Revenue Code as follows:

  • 100% is a nontaxable return of capital and reduction of a U.S. shareholder's tax basis, to the extent of a U.S. shareholder's tax basis in each of its Pattern Energy common shares, with any remaining amount being taxed as capital gain.

Pursuant to applicable Treasury Regulations, a completed Form 8937 is available for download below.


2016 Distributions

For U.S. tax purposes only, Pattern Energy’s 2016 distributions to its shareholders on January 29, 2016, April 29, 2016, July 29, 2016 and October 31, 2016 are classified under the U.S. Internal Revenue Code as follows:

  • 100% is a nontaxable return of capital and reduction of a U.S. shareholder's tax basis, to the extent of a U.S. shareholder's tax basis in each of its Pattern Energy common shares, with any remaining amount being taxed as capital gain.

Pursuant to applicable Treasury Regulations, a completed Form 8937 is available for download below.


2017 Distributions

For U.S. tax purposes only, Pattern Energy’s 2017 distribution to its shareholders on January 31, 2017 is classified under the U.S. Internal Revenue Code as follows:

  • 100% is a nontaxable return of capital and reduction of a U.S. shareholder's tax basis, to the extent of a U.S. shareholder's tax basis in each of its Pattern Energy common shares, with any remaining amount being taxed as capital gain.

Pursuant to applicable Treasury Regulations, a completed Form 8937 is available for download below.